|Risk||Low to Moderate|
|Min SIP Amount||Not Supported|
|NAV||₹1011.93 (12 May 2021)|
|Fund Started||01 Jan 2013|
|Fund Size||₹307 Cr|
|Reserve Bank of India||Financial||T-Bills||13.6%|
|Power Grid Corporation of India Ltd.||Energy||Bonds||8.7%|
|Housing Development Finance Corpn. Ltd.||Financial||Debenture||8.6%|
|National Bank For Agriculture & Rural Development||Financial||CP||8.4%|
|Reserve Bank of India||Financial||T-Bills||8.4%|
|LIC Housing Finance Ltd.||Financial||CP||8.4%|
|Kotak Mahindra Prime Ltd.||Financial||CP||8.4%|
|Axis Bank Ltd.||Financial||CD||8.3%|
|Power Finance Corpn. Ltd.||Financial||Debenture||6.9%|
|Bank Of Baroda||Financial||CD||5.1%|
BOI AXA Ultra Short Duration Fund Direct IDCW Daily is a Debt Mutual Fund Scheme launched by BOI AXA Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Piyush Baranwal is the Current Fund Manager of BOI AXA Ultra Short Duration Fund Direct IDCW Daily fund.The fund currently has an Asset Under Management(AUM) of ₹307 Cr and the Latest NAV as of 12 May 2021 is ₹1011.93.
The BOI AXA Ultra Short Duration Fund Direct IDCW Daily is rated Low to Moderate risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.
The fund aims to generate reasonable market related returns by investing in Money Market instruments. Also seeks to provide high liquidity to investors. The scheme would be investing more than 50% into instruments having maturity less than or equal to 1 year and rest having maturity more than 1 year with low /medium risk appetite.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.